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, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. i mean, i... i'm assuming that doesn't sound too good to you. >> no. >> that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> warner: in washington, republicans portrayed the road trip as so much humbug, at a time, they said, when negotiations are going nowhere. >> there's a stalemate. let's not kid ourselves. >> warner: house speaker john boehner said republicans remain willing to raise revenues, but not by raising tax rates. and he charged the whi
, the so-called "fiscal cliff". the president took to the road, while republicans warned there's a deadlock in efforts to reach a deficit deal. >> now, of course, santa delivers everywhere. i've been keeping my own naughty and nice lists for washington. >> warner: the president chose a seasonal setting, a toy factory in hatfield, pennsylvania, and holiday imagery to press again for extending tax cuts for the middle class. >> if congress does nothing, every family in...
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Dec 27, 2012
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cliff of tax hikes and spending cuts. the house planned to reconvene on sunday evening. a christmas season storm rolled through the northeast and new england, as the death toll climbed to 16. and lisa jackson announced she's stepping down as administrator of the environmental protection agency. and online, we've got a unique year-in-review of sorts. kwame holman has more. >> holman: science correspondent miles o'brien has had a most interesting 2012. he's crawled in sewage, cuddled with dolphins and played guinea pig to lots of experiments. watch some of the best outtakes of miles' science stories on the rundown. and we round up the most important lessons we've learned about helping kids stay in school from our series, american graduate. all that and more is on our web site newshour.pbs.org. margaret? >> warner: and that's the "newshour" for tonight. i'm margaret warner. >> brown: and i'm jeffrey brown. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good
cliff of tax hikes and spending cuts. the house planned to reconvene on sunday evening. a christmas season storm rolled through the northeast and new england, as the death toll climbed to 16. and lisa jackson announced she's stepping down as administrator of the environmental protection agency. and online, we've got a unique year-in-review of sorts. kwame holman has more. >> holman: science correspondent miles o'brien has had a most interesting 2012. he's crawled in sewage, cuddled with...
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Dec 27, 2012
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or whether sequestration and the fiscal cliff occurs. >> ifill: the across-the-board cuts. why does it work that way? >> in the event no deal is made and we do have the automatic cuts known as sequestration starting in january, federal employees face job loss and in some situations-- certainly in the department of defense-- but throughout the federal government people will be furloughed, forced to take unpaid days off, anywhere from 20 to 50 days. we really don't know. it depends in part on the agency and it depends in part on how much of the remainder of the fiscal year these cuts are squished into. so it's -- that's one bad situation. and then the so-called grand bargains and deals, many of those include provisions that would cut federal retirement benefits and extend the current pay freeze for an additional three years so that federal employees would go five full years without any paid a justments. >> ifill: hugh johnson, if you were an investor or a business owner and you're watching wall street watch the fiscal cliff debate what are you telling them? are people nervous
or whether sequestration and the fiscal cliff occurs. >> ifill: the across-the-board cuts. why does it work that way? >> in the event no deal is made and we do have the automatic cuts known as sequestration starting in january, federal employees face job loss and in some situations-- certainly in the department of defense-- but throughout the federal government people will be furloughed, forced to take unpaid days off, anywhere from 20 to 50 days. we really don't know. it depends in...
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Dec 31, 2012
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but this sequester is, you know, it's a big part of the fiscal cliff. monetarily it's not quite half of it. it's worth $110 billion, and those spending cuts go into effect tonight. it's unclear if they are going to solve that part of it. >> woodruff: but todd s there, on the tax side, has there been agreement there, at least, on the senate side. because as we just reported some democrats say they don't like what they see. >> well, they don't need everybody. keep in mind, you-- what you need in the senate usually is 51 votes. we've gotten into this environment here where we assume that everything needs 60 votes. it doesn't have to be that way. you heard from senator harkin there, he and a bunch of other senate lib rarblingts shelton white house, al franken, jay rockefeller, other, huddled in harry reid's office earlier today. i was standing outside that room when they came out. they were tight-lipped. they were grim. they went into a side meeting all their own to try and decide what to do. they weren't talking when they came out. what you are looking for
but this sequester is, you know, it's a big part of the fiscal cliff. monetarily it's not quite half of it. it's worth $110 billion, and those spending cuts go into effect tonight. it's unclear if they are going to solve that part of it. >> woodruff: but todd s there, on the tax side, has there been agreement there, at least, on the senate side. because as we just reported some democrats say they don't like what they see. >> well, they don't need everybody. keep in mind, you-- what...
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Dec 28, 2012
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. >> brown: the final weekend has now arrived before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an
. >> brown: the final weekend has now arrived before the fiscal cliff hits on new year's day and with it, more than $600 million in tax hikes and spending cuts. in a last bid for a deal, president obama stated his terms face-to-face to top republicans and democrats. >> congressional leaders arrive ted white house this afternoon for their first group meeting with the president since november 16th. vice president biden and treasury secretary timothy geithner also attend. but there was...
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a deal on the deficit in dim time to avoie fiscal cliff. democrats. we have budget cuts that are part of the deal that we struck tto raise the treasury debt ceiling last summer. thawe are going to cut the defee and non-defense budget and we have the debt ceiling that has been increased next year. and whenou havehiskiof situation with both parties having negotiating power it's a prescription forgetting a deal. >>woodruff: it sounds like you don't see it. >> mark has analyzed the situation right. both in europe and in the united states we have a lot of people playing the game of chicken. no one wants the sequestering and no one wants the taxes to go up and nobody in europe wants to blow up the euro in a messy way. can they still t stumble their o the compromise. and leave us vulnerable to something not on the horizon. the middle east is not the most stable place in the world. iran and syria who knows what is going to happen to oil. we are seeing food prices going up because of the drought. with the economy growing slowly and europe and the re
a deal on the deficit in dim time to avoie fiscal cliff. democrats. we have budget cuts that are part of the deal that we struck tto raise the treasury debt ceiling last summer. thawe are going to cut the defee and non-defense budget and we have the debt ceiling that has been increased next year. and whenou havehiskiof situation with both parties having negotiating power it's a prescription forgetting a deal. >>woodruff: it sounds like you don't see it. >> mark has analyzed the...
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Aug 23, 2012
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cliff of spending and tax cuts. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. on the "newshour" tonight, we assess the dire forecast and the elusive fixes. >> woodruff: then, as the presidential hopefuls spar over health care, education and more, we talk to four political reporters in four swing states. ( coughing ) >> ifill: betty ann bowser has the story of the comeback of whooping cough with infants at greatest risk. >> four doctors stood there and they were all crying and they told us there was no way the machine was going to work any longer and they took her off life support and then she tried to take a breath and within seconds she was just gone. >> woodruff: lindsey hilsum reports on the thousands of refugees fleeing the west african nation of mali to escape the rule of islamic militants. >> the people coming across the border paint a picture of a region that's descending into chaos. they're terrified of the armed men who are roaming northern mali and imposing their version of sharia. >> ifil
cliff of spending and tax cuts. good evening, i'm judy woodruff. >> ifill: and i'm gwen ifill. on the "newshour" tonight, we assess the dire forecast and the elusive fixes. >> woodruff: then, as the presidential hopefuls spar over health care, education and more, we talk to four political reporters in four swing states. ( coughing ) >> ifill: betty ann bowser has the story of the comeback of whooping cough with infants at greatest risk. >> four doctors stood...
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Dec 21, 2012
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new year, under the fiscal cliff's mandates. but today, republican leaders offered a companion bill to replace $55 billion in automatic cuts to defense spending. those would be swapped out for additional reductions in domestic programs. house majority leader eric cantor predicted both measures would pass. >> we hope that the senate will take this bill up along with the spending reduction act and get the job done in lieu of or absent any kind of agreement coming from the white house. we are again, taking concrete >> brown: some republican members, such as tim huelskamp of kansas, still had strong objtions. >> i do not support plan b. apparently it was amended late last night. i still do not support it. point being, there is a pretty big tax increase still in there. and it's always been a long principle of mine as well as most in the republican party that we don't raise taxes and we look at the spending side. >> brown: but when floor debate began this afternoon, the leadership lined up republicans who supported the measure. >> mr.
new year, under the fiscal cliff's mandates. but today, republican leaders offered a companion bill to replace $55 billion in automatic cuts to defense spending. those would be swapped out for additional reductions in domestic programs. house majority leader eric cantor predicted both measures would pass. >> we hope that the senate will take this bill up along with the spending reduction act and get the job done in lieu of or absent any kind of agreement coming from the white house. we...
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and spending cuts that could drive the economy toward that so-called "fiscal cliff" next year. the president must also still defend his health care law, which remains unpopular and make good on his promise to jumpstart immigration reform. for a look at those realities ahead, we turn to john cowan, the president of third way, a moderate democrat think tank here in washington. and naftali bendavid who covers congress for the "wall street journal." naftali, we saw john boehner come out today and say-- sound like he was finding middle ground. we heard the president call john boehner and harry reid and sound like he was extending some sort of-- i don't know, the day after the election-- olive leaf. is that true? >> i think so. it was really striking to see the conciliatory language on both sides, particularly with speaker boehner who was very careful in the words he used. he used a teleprompter, something he doesn't usually do as though to make sure he used the right language and took no questions from reporters. early opoliticians know voters want compromise, they want concillation
and spending cuts that could drive the economy toward that so-called "fiscal cliff" next year. the president must also still defend his health care law, which remains unpopular and make good on his promise to jumpstart immigration reform. for a look at those realities ahead, we turn to john cowan, the president of third way, a moderate democrat think tank here in washington. and naftali bendavid who covers congress for the "wall street journal." naftali, we saw john boehner...
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there was hopeful talk today about avoiding the "fiscal cliff" after president obama met with congressional leaders at the white house. a series of tax increases and spending cuts will kick in on january 1, unless the two sides can come to agreement. today, the president said action is of the essence. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business. and what the folks are looking for, and i think all of us agree on this, is action. >> holman: afterward, house and senate leaders expressed confidence they can get a deal. the president is pushing for high-income earners to pay more in taxes. and house speaker john boehner said republicans are willing to offer higher tax revenue as part of a deal. >> to show our seriousness we've put revenue on the table, as long as it's accompanied by significant spending cuts. and while we're going to continue to have revenue on the table, it's going to be incumbent for my colleagues to show the american peo
there was hopeful talk today about avoiding the "fiscal cliff" after president obama met with congressional leaders at the white house. a series of tax increases and spending cuts will kick in on january 1, unless the two sides can come to agreement. today, the president said action is of the essence. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do...
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cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you...
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that sort of damocles, that fiscal cliff and also the sequester enforcement mechanisms which will cut spending immediately, members do not want that to happen. that's leverage too. >> woodruff: we already hear some republicans changing their tune. speaker boehner is talking about closing loopholes. other republicans are saying maybe like they're prepared to look at revenue. what are... are there concrete examples there that have the makings of some kind of deal down the road? >> very little is ccrete at this point. but the movement from saying we don't want government to grow at all. the answer to this fiscal crisis is not to grow government to the position that you're hearing from leadership now which is, yes, we can have revenue. that's part of a broader deal that we're going to make. that's a substantial shift. that's not the same thing as the fight over tax rates, income tax rates. the president has said i will sign no deal that doesn't bring the income tax rates for the top earners back up to 96.5%. that's a slightly... there's a new nuance there that gives politicians wigg room
that sort of damocles, that fiscal cliff and also the sequester enforcement mechanisms which will cut spending immediately, members do not want that to happen. that's leverage too. >> woodruff: we already hear some republicans changing their tune. speaker boehner is talking about closing loopholes. other republicans are saying maybe like they're prepared to look at revenue. what are... are there concrete examples there that have the makings of some kind of deal down the road? >>...
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Dec 19, 2012
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. >> woodruff: the white house had a new proposal on the table today in the fiscal cliff negotiations. house republicans said it fell well short, but the two sides kept at it, hoping to avert across-the-board tax hikes and steep mandatory spending cuts in 2013. >> we're moving closer. let me say that. it looks more encouraging today than it did yesterday. >> woodruff: there were some voices today like california republican congressman wally herger who saw signs of a deal in the works. president obama offered monday to lower his target for new revenue to $1.2 trillion over ten years. down $400 billion from his first offer. he also raised the threshold for higher tax rates to households making $400,000 a year. instead of $250,000. and he proposed spending cuts of $1.2 trillion from health programs and cost of living hikes for social security. white house press secretary jay carney. >> in the details that have come out about the president's proposal, i think it is clear that he has demonstrated good faith and a willingness to meet speaker boehner and the republicans halfway. >> woodruff:
. >> woodruff: the white house had a new proposal on the table today in the fiscal cliff negotiations. house republicans said it fell well short, but the two sides kept at it, hoping to avert across-the-board tax hikes and steep mandatory spending cuts in 2013. >> we're moving closer. let me say that. it looks more encouraging today than it did yesterday. >> woodruff: there were some voices today like california republican congressman wally herger who saw signs of a deal in...